Reference no: EM132665929

Work in process of Alonzo Corporation on July 1 ( per general ledger) is P 22,800.

Per cost sheets:     Job 101          Job 102

Direct material          P 6,000        P 8,000

Direct labor               3,000              2,500

Amount charged to Work in process for July of the current year

                           Job 101           Job 102             Job 103            Job 104

Direct material         3,000          2,000             6,000                  4,500

Direct labor           1,000             1,500            2,600                2,000

Factory overhead is applied to production based on direct labor cost. Job 101 and 103 are completed during the month.

Problem 1: Determine the following:

a. Cost of goods put into process

b. The cost of goods manufactured for the month of July